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Published on 5/17/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Gome Electrical holders put back nearly RMB 2.63 billion 0% convertibles due 2014

By Jennifer Chiou

New York, May 17 - Gome Electrical Appliances Holding Ltd. announced the redemption of RMB 2,625,900,000 of its 0% convertible bonds due 2014 on Tuesday after having received notice from holders of all but RMB 149.4 million of the bonds.

The acquired bonds will be canceled.

Gome is a Hong Kong-based retailer of electrical appliances and electronic consumer products.


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